Reports Q4 revenue $5.2B, consensus $5.1B. “Our outstanding performance contributed to a record year for safety, engagement, earnings per share, margins and cash flow,” said Jenny Parmentier, Chairman and Chief Executive Officer. “Delivering strong margin expansion and earnings growth in a dynamic macro environment is a testament to the resilience of our portfolio and the power of our business system, The Win Strategy(TM). We generated full year cash flow of $3.8 billion and through balanced capital deployment, increased our quarterly cash dividend by 10 percent, repurchased $1.6 billion of shares, and announced an agreement to acquire Curtis Instruments to expand our electrification offering. Thanks to our global team for another record year and the continued transformation of Parker.
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